मैगज़्टर गोल्ड के साथ असीमित हो जाओ
9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
India's newest billionaire keeps his bets spread wide
Mint Mumbai
|September 25, 2025
The auto component maker is also into commodities trade, seen as a risk by some analysts
Shrikant Badve, managing director of Belrise Industries Ltd.
A rare debut surge—67% since its listing in May—catapulted Belrise Industries Ltd’s promoter Shrikant Badve into the dollar billionaire club on Tuesday.
Yet, the very side bet that has powered the Pune-headquartered auto component maker's growth—an aggressive push into commodity trading—is also what is making analysts uneasy, given the global market volatility, geopolitical risks and the uncertainties tied to lithium-ion batteries, the lifeline of the electric vehicle (EV) industry. Belrise isalso into trading of steel, coils and some electronic products.
Itis indeed rare for an auto component manufacturer to be involved in commodity trading business. However, for Belrise Industries, the business has more than tripled since 2022 to more than a fifth of its overall revenue.
A commodity trading business involves purchasing goods from asup-plier and then selling it to different buyers at an elevated price, earning margins from the arbitrage.
यह कहानी Mint Mumbai के September 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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